I sort of agree with your opinion except that this well needs to be drilled before December this year as part of their agreement with Rawson.
So there could well be a short delay depending on how much money CTP has raised last week. As we all know they are also listing in Canada soon, as they feel it is easier to get finance there.
In any case their plans could be announced as early as the end of this week.
Good Luck,
Klaas
RAW Price at posting:
5.0¢ Sentiment: Hold Disclosure: Held